Keep
an eye on Brocade Communication Systems Inc (NASDAQ: BRCD)
Brocade Communication Systems Inc (NASDAQ: BRCD) presents a set up that can be
fairly lucrative from a percentage return standpoint. The stock has broke
outside of its up trend and is now trading sideways with consistent support at 6. This is by no means a channel, but it does seem to be a solid
support play.
Happy Trading,
Andy Swan
co-founder, DaytradeTeam
P.S. - Swing Trading is the art of capturing profits in trending stocks in a relatively short amount of time.
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